Dt midstream stock price midweek trading saw DT Midstream stock

Midweek trading saw DT Midstream stock price around $61.55, benefiting from a broader rally in Dow Jones Utility Average. Analysts are monitoring Q2 earnings guidance closely, as any upward revision could trigger technical breakouts. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. What is DTM worth today? The intrinsic value infographic in our free research report helps visualize whether DTM is currently mispriced by the market. Hennessy Advisors Inc. raised its stake in shares of DT Midstream, Inc. ( NYSE:DTM - Free Report ) by 2.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,440 shares of the company's stock after buying an additional 4,200 shares during the quarter. Hennessy Advisors Inc. owned about 0.17% of DT Midstream worth $19,063,000 at the end of the most recent reporting period. Latest trading data shows DT Midstream stock price holding steady at $61.20, with 14-day RSI reading at 54—not yet in overbought territory. This suggests room for additional upside if U.S. energy demand projections remain robust.